ARTICLE SYNOPSIS ...Technically trading the ¥en by Thomas P. Drinka, Timothy L. Krehbiel, Stephen Ptasienski
Speculators and commercial hedgers who trade currency futures often use technical analysis to determine trading signals. We statistically tested 34 of these indicators to see which were profitable and free from such bias as auto-correlation when used to trade the International Money Market (IMM) yen contract. Of the 34 indicators in Figure 1,16 survived our testing. The indicators are used to exploit price trends or price volatility. The former, referred to as ""BS/SW,"" usually involve buying strong mark...